You don't have to buy coin. You (anyone) can earn bch through tips here on reddit, or twitter thanks to /tipptippr or similar bots.
Anyone can also earn bch right now too on http://yours.org by posting updates that people might find interesting and/or useful. This is an amazing thing, and makes me think a lot of other platforms for earning are coming soon.
You can buy gift-cards using bch on https://cryptonize.it/product/amazon-gift-card/ - if amazn ships to you this means you can buy foods and stuff to live off of (rice/beans/soylent?etc). Disclaimer: I do not work and am not associated with any of these projects. This one it seems they're getting a lot of orders so they're still working out the kinks. (https://cryptonize.it/about/). This seems like a huge business opportunity to try and work around the stranglehold that visa and mastercard have on payments. - edit: I just realized (if they're in stock) you can buy other types of giftcards (instead of or including amzn) and sell them for cash on many card-to-cash websites, and sometimes even local kiosks.
Depending on where you are in the world some places, for example https://www.southxchange.com/ claim you can sell bch for fiat (if you really have to). YMMV and I have not done this. Remember, some banks hate crypto since it challenges them. If you're thinking of doing bank transfers to fiat from exchanges be careful - the bank may shut down your account! They may also cut-off links between exchanges at any time.
Some places like BitPay offer crypto 'debit cards' where you can fill up with btc (not yet bch?) and then spend it like you're used to anywhere visa is accepted, but don't expect these to be around forever because they rely on visa partnerships, so don't expect them to always keep fees low either.
If you don't like using Coinbase or other privacy-invasive services your options for converting bch to fiat are increasingly slim. You can try any number of exchanges that offer bch/fiat but keep in mind that security, sharing bank account info and ID info can be a big risk and sometimes the fees are huge, alternatives might include virtual exchanges such as http://virwox.com but the process goes something like BCH -> litecoin LTC -> to linden (exchange may not be cheap) -> to fiat to then withdraw fiat to skrill or paypal - fees might be steep there too and paypal hasn't been too friendly with this idea. But if you're thinking of going this route you can use Shapeshift to convert bch to ltc through coinomi.
The more places that offer ways to spend bch, the more local need for putting it back into fiat is not required. However, it is a catch-22 to expect merchants to be able to buy stock from others who are not using crypto yet and start accepting bch. Most people don't understand blockchain and with it crypto so if you're planning on asking your local shopkeeper to accept bitcoin you better have a way to make it clear to them the many advantages but also how they can use their own bch to buy produce/materials to keep the business running. (Maybe via #4). This (in my opinion) is the greatest barrier to wider bch adoption.
Hey guys, I just accidentally found out that it is against Paypal's rules to buy/sell bitcoins. I basically sell bitcoins on Virwox and they give me the money via paypal and then I transfer them into my bank account. Will this get me into trouble? If yes, then fuck Paypal! This is outrageous!
In order to buy Bitcoin, casual investors want to avoid the complicated process of setting up an account with exchanges or going the mining route – two rather detailed and laborious processes. Thankfully PayPal offers a more convenient method to acquire digital currencies.
How to Buy Bitcoins with PayPal through eToro
Pros: Accepts a variety of payment methods, low fees Cons: Not available in the US eToro is a platform that allows users to buy bitcoins with PayPal and is considered to be one of the easiest methods to do so. Worthy of note is that eToro does not enable users to withdraw or transfer bitcoins to other users, rather it allows users to sell Bitcoin only for fiat currency. Users do not need a bitcoin wallet to use eToro as they do not store any coins.
How to Buy Bitcoin with PayPal through VirWox
Pros: A reliable method Cons: High fees VirWox (Virtual World Exchange) – It is a platform that allows trading of digital currencies such as Lindens, Bitcoins, etc. This exchange has more than 400,000 registered users and is an authorized reseller of Second Life Lindens (SLL). Here is a step-by-step guide taking you through VirWox:
Go to VirWox.com
Open an account – login to Virwox, register and fill personal details like username, email address, etc. Skip when asked for “avatar name” and enter all other necessary information and click “register”.
Activate an account – a confirmation email is sent to your account with a password. Login to Virwox with these credentials. It is advised to change the password before transferring money.
Deposit money through PayPal – to do this, ensure you have an account with PayPal and ‘understand terms of service’ allowed by PayPal for using SLLs to buy bitcoins. Deposit money into Virwox account via PayPal. Now you have a balance in your VirWox account to purchase coins with.
Go back to VirWox and buy SLL, and then buy bitcoins with your newly purchased SLL. Click “withdraw” to send your new bitcoins to your wallet. That’s it! Now you own Bitcoin!
VirWox charges fees for each transaction such as exchanging USD for SLL and then exchanging SLL for BTC. The fee structure of VirWox changes constantly so keep an eye on this every time you want to make a transaction. VirWox has been in the market for a long time and is currently the most reliable platform.
How to Buy Bitcoin with PayPal through Local Bitcoins
Pros: Various sellers from all around the world Cons: High fees, chances of scams Local Bitcoins is another marketplace where buyers and sellers meet. In this method, users can buy bitcoins with PayPal by finding a suitable seller with an excellent feedback score and large trade volume. Trading with new buyers involves higher risk, so sellers charge buyers high fees – keep that in mind!
Enter search parameters – go to Local Bitcoins and select your country and choose the amount to be purchased.
Choose a seller – a list of sellers is displayed by Local Bitcoins. Choose a seller who has a good feedback score. Each seller has trade limits which range from a minimum to a maximum amount of bitcoins required to trade.
Go to Payment window – buyer’s reputation increases per transaction and sellers prefer to sell bitcoins to buyers with a good reputation to avoid becoming a victim of fraud.
Complete the trade – after finding a suitable seller and entering the quantity of purchase, click “Send trade request” and your done!
How to Buy Bitcoin Using PayPal through Wirex
Pros: Normal fees Cons: Withdrawing funds takes more than a week Wirex is a leading company that provides virtual and physical bitcoin debit cards (which is just like a normal debit card). Users can use Wirex’s card to buy bitcoins with PayPal.
Request for a new physical/ virtual debit card from Wirex – login to Wirex and click on “request new card” and choose the card type. Users can use both physical and virtual cards to buy bitcoins via PayPal.
Link debit card details to PayPal account:
In PayPal account, go to “wallet”, select “add a card” to add your virtual bitcoin card. A minimum of $3 is required in PayPal account to verify this card.
A 4-digit code is generated, which is the verification pin for Wirex cards on PayPal.
Go to “wallet” and click “Withdraw funds” and choose “withdraw funds to your card” option.
Withdrawal would take up to 7 days to appear in Wirex account.
Buy bitcoins with Wirex debit card.
How to Buy Bitcoins Using PayPal through Paxful
Pros: Wide range of sellers from all over the world Cons: Chances of scam, high exchange rate Paxful is the latest version of Local Bitcoins. It is a decentralized peer to peer marketplace and allows users to buy bitcoins with Skype credits, Amazon gift cards, etc. In Paxful, a seller sends bitcoins, buyer purchases and sends dollars to escrow. Once the trading is completed, funds are released to each party. The process to buy bitcoins through Paxful is:
Create an account
To buy, select payment method by entering the desired amount
To sell bitcoins, select “seller manually” or allow Paxful to decide who the best seller is.
So recently I wanted to buy something on internet and that website was using Paymentwall or Bitcoin. I didn't want to give my identity information to Paymentwall so I wanted to use bitcoin section. But there isn't a service selling bitcoin via Paypal. So I found this website called Virwox and bought $16 of Bitcoins via Skrill (cuz it was saying they don't charge fees when I use skrill) but they gave me $14.95 so I don't give a single f* about $1 but the problem is I couldn't buy bitcoins with that money from them because fees etc. wasn't givin' me the bitcoins as much that I need. So I wanted to transfer that money to my Paypal, didn't work cuz they have minimum limit. I tried my bank account, didn't work. So I sent them an e-mail and explained everything. And here is what happened; "Your account has been disabled!" So what am I gonna do now? Any suggestions?
A guide to using Silk Road, specifically for /r/UKtrees
Hey all, I’ve seen a few posts on here asking about using Silk Road to purchase trees. I’m not an expert, but I have used it successfully a few times now, so I figured I’d write a guide to help anyone out. 1. Getting on Silk Road. Silk Road exists on what is commonly referred to as the ‘Hidden internet’, or ‘Deep Web’; Websites on the hidden internet are not indexed and thus not accessible by regular search engines or DNS lookups. You can do more research on this if you want - to be perfectly honest, I don’t understand it entirely - but you don’t need to. To access Silk Road and the rest of the Hidden Internet, you need to download a piece of Software, called Tor. This software allows you access hidden websites via a regular browser window. Just head to Tor’s Website and click the download. Once the files are downloaded, unzip and click Start Tor. To head to Silk Road, enter the following address silkroadvb5piz3r.onion You’ll need to make an account, this is pretty straight forward. (Make sure you remember your pin. You don’t need it when logging in, but you do need it when confirming transactions. Also, your pin doesn’t actually have to be a ‘pin’, mine is just another regular password) Note: Due to the nature of the Onion network/service, it’s quite slow. And a busy site like Silk Road can be even slower. So, it may be that you have trouble connecting. If it doesn’t work, hit refresh a couple of times, and then just try again later. I usually have better luck in the morning 9pm-12pm and late evening 10pm-4am 2. Bitcoin. Bitcoin is a decentralised peer 2 peer based currency. Essentially, it’s an untraceable and anonymous currency. Purchasing Bitcoin can be a little tricky, there are a number of ways to do it. There are exchanges such as MTgox and Intersango, and many direct Bitcoin purchasing sites such as Bitstamp, and BitInstant. The problem with many of these sites is they operate outside of the UK, and as such getting money into them can be tricky. They tend not to accept debit credit cards, and often require bank transfers via IBAN. However, banks will often charge you a fee for using IBAN (I know Natwest charges £10). These websites will allow you to deposit money into your account, and then place orders to convert that money into Bitcoin. Other easier websites are Virwox, and Block Chain. With Virwox, you first need to convert currency into Linden Dollars (SLL) (a currency used in the game Second Life) then into Bitcoins. However, Virwox does not allow for fractions of bitcoins, which means you can easily end up being just shy of a full bitcoin and having ‘worthless’ SLL. One nice thing about Virwox is that they accept UKash vouchers. So if you want no trace of your purchases, you can go buy UKash vouchers at any Paypoint and then deposit those. Block Chain used to only be depositable via Barclay’s Pingit, but has since opened up regular bank transfers, I found this worked really well the last time I used it, so I’d recommend it. You can also buy bitcoins in person by searching on Local bitcoin. In addition, there are also people selling Bitcoins on Ebay, but very overpriced, so I wouldn’t recommend that. There are a tonne of places to buy bitcoin, some accept cash/cheques in the mail as well. You can always find more by googling. 3. The purchasing process. You need to send your purchased Bitcoins to your SR account, you can find your bitcoin address under ‘Account’ at the top of the screen. It can take a few hours for the transfer to take place. Once in your account, you’re ready to purchase, simply find whatever it is you wish to buy, click add to cart, and then head to the checkout. Select a postage method for your items and click go to confirm the postage. Now, you need to input your address and your pin. Now, you might have heard of PGP encryption by this point, it’s a form of public/private key encryption used on SR to protect the addresses of its users. For this, I’m just going to steal mr_kyitty’s guide from this thread.
Get gpg4win, install, and open 'GPA'
Now you need to make your own key. Go to Keys>New Key, and follow the prompts. Use a fake name/e-mail. Before entering a passcode, write it out (the longer the passcode, the better, and you have to enter it every time you encrypt something). Once that's done, you have your own key.
Import the seller key from the seller page. To do this, copy the public key from the page, paste it into a blank notepad file, and save the file. Then click 'Import' in GPA and load that file. You now have that seller's public key.
To encrypt your address, open the clipboard in GPA and type in your address. Click encrypt, select the seller's public key, and in the lower box, check "sign" and select your own key. Then you will be prompted to enter your passcode. Once complete, copy the block from the clipboard and paste it into the address box on the shopping cart page.
I’d like to add, that you don’t need to ‘sign’ the encryption. What this does is allows the seller to verify that you are the actual sender of the message. However, I’d argue this isn’t entirely necessary, as it will also require you to post your public key somewhere. Click to confirm the transaction, and that’s the order placed. It will now show up under your ‘orders’ section. You’ll notice an option to ‘finalize’. Silk Road uses escrow, i.e. they hold your money when you place an order, and when the order is confirmed to have gone through (after x days) the money will be sent to the vendor. You can Finalise early, by clicking the finalise button and sending them their payment. It’s common courtesy to do this once your item has arrived. If an issue arises, you can click resolve, and attempt to claim a refund/resolve the issue. I don’t have any experience with this so I’d recommend you search /silkroad for advice if you need assistance on resolving a matter. Some vendors might ask you to finalise early before they will send your order. Now, this is actually against Silk Road policy, but its common for vendors to ask for this from first time buyers. Personally, I would say just don’t do it. You never know what’s going to happen. But generally speaking, a vendor's reputation is probably worth more than your particular order, so the risk of being 'ripped off' is low. Still, I wouldn't recommend it. 4. Additional Comments Do I recommend it for weed? I started using SR Last year after I moved back home from Uni, because I no longer had a dealer. Personally, if I had a choice, I would choose to buy from a dealer every time. SR is a lot of hassle, so I wouldn’t recommend it for your general Eighth or quarter, unless you have no other connection (as is unfortunately the situation for me). However, there are a variety of strains and products available, ranging from hashes to oils to edibles, so some of you might like to have those options. In terms of price, I’d say it’s fair. A lot of Weed vendors will have a standard strain that they’ll sell for a (roughly) standard £20/eighth. You will generally be spending a little more given the nature of the process. Is it risky? In terms of general legal risk, you can't control what people send to you. If there's no record of you having bought it (Which there isn't, buying bitcoins is not a crime) then you should be fine. In terms of 'Will I get scammed risk' - it's just like ebay, people value their reputation. Buy from high repped vendors, and you should be fine. Anyway, that’s all folks, I hope you’ve found this helpful. If you have any questions, leave a comment, and I’ll do my best to help you out. Also, if any other more experienced SR users have noticed any mistakes or things I should alter in this guide, please leave a comment and let me know, and I’ll make the necessary amendments. And here are some other great subreddits which you may also find useful. /SilkRoad - For everything Silk Road. /Bitcoin - For everything Bitcoin. /onions - For everything hidden internet.
An exercise on buying bitcoin with a credit card or paypal on Virwox
I keep seeing posts here by people wanting to know how to do this, or other people advertising the method using Virwox.com. You CAN get bitcoins this way, but it IS expensive. I have done this many times because I sometimes get given money by paypal, and I cannot withdraw it to a bank account, so need to spend it online. I checked my paypal balance and saw I had 170 Euros in it, so decided to do an exercise to see how many bitcoins I can get for that using Virwox. This is the result:
Started with 170 EUR Deposit into Virwox via Paypal = charges of EUR 0.35 + 3.4% Total landed into Virwox account: = 163.89 Convert to SLL: I want to sell 163 EUR, and get at least 51,547.97 SLL. Note: The above amount already includes our exchange commission of 50 SLL + 2.90%. Convert to BTC: I want to buy 0.223 BTC, and pay at most 51,597.93 SLL. Note: The above amount already includes our exchange commission of 50 SLL + 2.90%. Total after conversions: 0.223 BTC = 145.6 EUR on Bitstamp
Moral of the story, ONLY do this method if you have no other alternative. TL;DR - Pay 170 EUR for 145.6 EUR worth of BTC if you use Virwox to by using paypal or credit card.
Hi, I currently use VirWox as a conduit for buying bitcoins via paypal and quite frankly feel as though I am being ripped of by their charges/commission. Would anyone be so kind as to suggest an alternative please? I have looked through the various faq's and wiki's on this subject but was hopping someone could make a suggestion based on preference & experience. The option of PayPal is not mandatory - UK resident Any feedback would be greatly appreciated
u can buy bitcoin with paypal payza egopay etc via WWW.virwox.com for more information pls visit www.99bitcoin.com buy and exchange to virtacoin via BTC2VTA to avord more trasation feels if u have problem to open a paypal accunt content me I can help. compliment of the season
Question; how can I buy BTC with a Vanilla Visa Gift Card??
I have probs been researching for like three days, I hate asking questions. This has been asked before, but it wasn't clear to me if they had the prepaid visa debit card or fuckin bullshit vanilla visa debit gift card like I do! Help a girl out here. Was thinking of setting up a localbitcoin deal, but would anyone really want this piece of shit vanilla visa gift card? Also looked into BitcoinMarket via reddit, I might try that, but still don't see how it would work. Circle doesn't accept them, and the shitheads over at Virwox are being super pissy about it, as well as Skrill. I dont want to end up asking a friend "Uh, hey, could you buy this 25$ Gift Card from me for 25$ in physical money" cause, I mean, that just sounds shady and I dont want to give them a story. Anyways plz help
Hi, so i've been for a while trying to obtain my first BTC. Owning less than 1 BTC isn't just worth it for me, so I want to invest all at once. So while I wait for a decent correction (if it ever comes, but it seems right now it's going down) i've been searching for a exchange. The thing is, I can't find an exchange that doesn't ask you for a ton of information. I've told my friends Bitcoin is anonymous, but when they find (just like me) they have to deliver your ID, bills and so on to extrangers in exchanges that could go down any second (remember Bitcoin24) they just don't do it and forget about obtaining Bitcoins. So far i've found Kraken, which fails to verify my tier2 verification for some reason, and Bitcoin.de, but i've heard some fishy stuff about how their Sofort thing, read some of the comments here: http://www.reddit.com/Bitcoin/comments/1ihesb/german_here_is_there_a_place_where_i_can_buy/ So im left with Localbitcoins, which I don't trust as well because of so many scammers. The only way i've managed to get BTC so far is via Virwox, can you believe that shit? I had to get Secondlife money to get BTC, in order to not get annoyed by privacy related stuff. It was quick and easy, just got SLL with my virtual credit card via Paypal, then exchanged the SLL for BTC and that's it. The downside is the ridiculous fees. I think I lost 20€ (we are european) Please, can you tell me any exchange that doesn't ask for too much shit and that is legit? Is Bitcoin.de trusteable? What about Kraken? (if I figure out how to get verified). Any Localbitcoin people that you know will not scam you? Thanks
I finally decided to buy bitcoin but I need a little help...
I saw the link in the side bar related to the thread asking about buying Reddcoin with USD. Coinbase, Bitstamp, and Virwox were suggested. I decided to register with Virwox and use their service. I noticed that there's a field labeled as "Voucher" where I receive 50 SLL and the person giving me the voucher receives 50 SLL so firstly, I was hoping someone has an extra voucher laying around I can use to complete registration to the site. I also wanted to know, would this be the best site to use to buy bitcoin via Mastercard? Best as in cheapest and safest. Also on a different note, how long should I expect for payments to clear using these types of payment methods? Thanks :)
I'm looking to buy 10$ worth of bitcoins, but need to be able to buy them via Paypal or a Visa Gift Card. I was wondering what is the best way to go about doing this with the least amount of fees? Most people say Virwox, but they don't allow sign up in my state anymore and their fees are pretty high for people wanting to use Paypal/GC. Are there any other ways to buy them?
So I know.. I know.. I know.. It's not the safest way and tbh, it's the only way I have. I was wondering how I can buy bitcon via paypal. I'm looking to buy bitcoins to put in my online wallet(via multibit) I know of Virwox and have used them in the past. I recently used virwow two times and both times my account was disabled and my bitcoins never arrived in my wallet. This happened two times. Two different accounts. Two different wallets. My money was not refunded the first time, Until I messaged them about it. and the second time the money was refunded automatically. The money is not back in my banking account yet but says it has been refunded. It seems like each time the 48hour mark hits after my transaction(when the bitcoins should be processed and sent to my wallet) my account gets disabled. I also did change my password like they advice. Anyways, could anyone tell me whats going on? Also could someone tell me another way to do it using paypal? Thank you so much, peace and love.
What is the best way to buy bitcoins (for a 15 year old who's parents won't let him spend money on the internet)
I noticed bitcoin when the price was around $50 per bitcoin, and damn am i regretting not buying any then. I saw it, and then asked my parents if i could buy any, to which their answer was no, because they were afraid of buying anything over the internet; I can't use a full fledged credit card. I have tried redeeming a prepaid mastercard debit card with about $9 to test it out (using virwox via skrill), and it won't accept the card (skrill IS giving me reciepts, but not withdrawing any money). My local gas station does sell paysafecard, so that might be an option, and the walmart sells moneypaks. What would be the best way to buy about $150 in bitcoin?
So, basically i've been trying to buy some coins, with not very much luck. I did my research before i set off trying to buy my first bitcoins. Read a couple guides here, a couple there, and then started trying. I live in a country where most methods of obtaining BTC are unavailable (most cash deposits, etc), so i have limited options, and i'm stuck using a prepaid Visa card. My first attempt was using MtGox. Basically the chain went like this: Mtgox > AurumXchange > Liberty Reserve > Centregold. My prepaid visa card ended up being rejected multiple times on centregold, so i scrapped that idea. A couple days go by and before i know it i'm sitting in front of my screen with a fucking headache looking at a word document with 10+ accounts and passwords for various exchange and wallet websites. And then finally, I thought I found a way to make it work. I could go to a cashU distributor near my house, put money onto my cashU account from the card, then fund my Okpay wallet via cashU. Everything was going so well, until i tried to transfer my 30 bucks from Okpay into my BTC address. I got an error message telling me that my account had to be verified. To do that, I have to scan and prove my identification, verify my phone number via SMS (which didn't even send), and scan proof of my god damn house documents... So like, i cant really get my house documents since i live with my parents, and i dont want them questioning me. Oh, and before all of that, i tried using VirWox.com, which apparently is a good way to do it in my situation. Too bad I have to wait 24-48 hours for my single bitcoin, and that single bitcoin is not on my Virwox account nor my BTC address. I understand however, since every post that had recommended Virwox did say that you must wait 24-48 hours for them to manually continue the transaction from Virwox to a bitcoin address. NOTHING IS WORKING If you guys are wondering, I live in the middle east, and afaik CashU is the only way I can get money onto my account. And that money is now stuck on Okpay. I think Moneygram also works, but I still am yet to find out how to sort that out to get BTC out of it. So to wrap it up, if ANYBODY on this sub has been in a similar situation as mine, PLEASE help a brotha out and throw me some helpful options, cus im about to go fucking crazy clicking on these ads for free 0.0000005 btc. All i want is one single god damn coin. I have the money, I have the motivation, I have the plan once i get that coin, but all I need is the coin. If anyone can give me some nice directions you'd be a lifesaver!!! TL;DR: Tried to buy some BTC. Now im sitting here, and my brain is fucking fried. In the past couple days i've managed to get $30 stuck on an Okpay wallet, and 1 BTC stuck inbetween Virwox and my Bitcoin wallet. I've toured so many fucking russian bank websites its ridiculous. Help. Sorry for the wall of text, but to be honest thats only like 10% of the bullshit ive been doing to get this BTC. PS: just re-read all of that, it all looks pretty bitchy-complainy-pants, but i'm just frustrated and confused, that's all.
This time I had $100 that I sent virwox.com Deposit into Virwox via Paypal = charges of EUR 0.35 + 3.4% Total landed into Virwox account: =$96.30 Convert to SLL: I sold $96, and got 22,443.02 SLL. Convert to BTC: I want to buy 0.301 BTC, and pay at most 22,422.35 SLL. Total after conversions: 0.301 BTC = 86,89 USD approximately
So the whole exercise cost me about 15% odd to use Paypal and virwox. Interestingly, that is not far off the market rate for South Africa where I live if I check on http://preev.com/btc/zar or go directly to http://www.bitx.co to see the local market price.
This is for BTC noobs like myself. I recently decided to play around with BTC a bit to the tune of ten dollars or so. The quickest and safest mechanism seemed to be through PayPal via the Virtual World Exchange, or VirWox. A number of guides and tutorials made reference to the site so I figured I'd give it a go despite mention of "slightly higher" fees. My experience with VirWox left me with a few points that I thought others might benefit from being made aware of. 1). All BTC transactions are minimum .02 BTC, an arbitrary limit not imposed on other currencies on VirWox. This is NOT listed anywhere on their FAQ. 2). In addition to a 3.5% deposit fee, VirWox charges 3% fees on each currency conversion As two conversions are necessary to go from PayPal to BTC, this brings the total fees up to about 10% not including PayPal's cut, just to get your money into BTC form on their exchange. 3). VirWox takes a .002 BTC fee on any BTC withdrawals amounting to a full 10% of a minimum BTC transaction thus bringing total fees on a minimum order to a fairly astronomical 20%. 4). VirWox states that first-time BTC orders will be delayed by 48 hours. In fairness to them this is acknowledged in their FAQ but their wording is not terribly clear.
"While most withdrawals to PayPal, NETELLER, Moneybookers, and Bitcoin accounts are processed instantly, we manually check some of them for security reasons (for example of new accounts). They will be processed within 48 hours. In any case, you will receive an email confirmation when the withdrawal has been processed. Note: For security reasons, the first withdrawal of bitcoins will always be delayed by 48 hours."
So it will be processed within 48 hours? Delayed by 48 hours and then processed within 48 additional hours? Which is it? 5). Repeated emails to their customer service have proven useless in regards to ascertaining information about the duration of the delay. I emailed VirWox to ask if I had to wait a full 48 hours or if there was a chance that the transaction could be processed sooner. Upon doing so I was ever so helpfully referred to the FAQ which didn't answer the question at hand. After emailing VirWox a second time with the same question rephrased, I was told that "disclosing the rules which payments are selected for a manual review would be counter-productive". I've emailed a third time, again asking the same question regarding delays. Stay tuned for more lulz. Now I'm wondering if I should just dispute payment on Paypal and walk away from this giant mess. tl;dr - VirWox seems a bad choice for those wanting to buy a small amount of BTC to play around with. Update After repeatedly asking if I had to wait a full 48 hours, I was told by VirWox customer support: "The thing is we will not answer such questions. Like Coca Cola will not reveal the formula for coke." Maybe this belongs in WTF.
Wrote this with Australians in mind, but I suppose some of it applies widely enough. Been looking into buying Bitcoins in Australia. Harder than it should be, and have no idea why. Only seems to be two viable options for us. CoinJar seems to be a pretty nice site for Australia, but requires an NAB account or to go into the branch. It only takes a 2% commission but also has an inflated price by about 3% to buy coins. So 5% ish all said and done. This seems to be the best rate for Australians. I haven't tried it yet, but it looks legit. VirWox is nice and easy to do and can be done all online. Can buy SLL with PayPal and trade these to BTC. Took me 2 minutes to make an account and do trade. But they take a 3.5% commission straight off the bat for deposits. (PayPal also traded AUD to USD 3% under market rate) Deposited $50 USD via PayPal (57.40AUD), bought SLL, traded for BTC. Ended with 0.061BTC = $46.78AUD - all said and done about 20% commission. VirWox also limits deposits to about $120AUD/day http://postimg.org/image/x3v3bpm8p/ There are some other exchanges that you can do an international wire transfer for, which is both time consuming and costly. Localbitcoins is available as well, but with prices starting at 8% above market price. (Except for 1 I saw below market rate, but I suspect they'd change their rates once you requested to buy.) These usually require a bank cash deposit anyway for first timers, so coinjar would be preferrable. MtGox price is a bad indicator at the moment, I used BitStamp - Current price, USD, $694.06 Hope this is helpful, if anyone has any other sites they'd recommend in Australia, let me know. tl;dr Coinjar is good for australians to buy bitcoins, Virwox is easier but expensive.
WTB my first Bitcoins, anyone willing to trade via PayPal?
All the services for buying Bitcoins currently running seem to revolve around sending money to the US. I don't feel comfortable doing that. Anyone willing to trade US$20 for some Bitcoins via PayPal? Edit: Used VirWox in the end.
Can I Buy Bitcoins with PayPal via VirWox? VirWox gained popularity in the bitcoin market largely due to the fact that it is quite possible to purchase BTC with PayPal account. You would need to verify your PayPal balance first and would then be able to deposit funds into the VirWox balance. From there, you can purchase SLL first, then BTC. VirWox Review – A Really Weird Way to Buy Bitcoin. We’ve covered a lot of different cryptocurrency exchanges here on Coinlist.me, and this is the first time we’ll talk about a platform that isn’t really about Bitcoin at all. That’s right. VirWox is all about Second Life. Since 2007, the web platform has been facilitating all sorts of ... How to buy BTC via VirWoX. If you are looking to buy Bitcoins in a 100% safe manner using standard payment methods like credit cards, debit cards, e-wallets (skrill, paypal) or vouchers (ukash) you are in the right place. What you need to do: Go to Virwox main site and register your account. Add funds to your account via PayPal or any other method that is supported by them. Buy Second Life ... How to buy bitcoins. Technically, VirWoX only supports the exchange BTC for Linden Dollars. However, you can first buy Linden Dollars for real-world currency, and then buy BTC for your Linden Dollars. It is not necessary to open a Second Life account to do this. After you have opened an account, deposit money into your VirWoX account (on the "Deposit" page) using one of the payment methods in ... VirWoX war die größte PayPal-zu-Bitcoin-Börse, die jedoch im Januar 2020 geschlossen wurde. eToro ist der beste Weg, PayPal zu nutzen, um mit Bitcoin konfrontiert zu werden. Damit können Sie über den Preis spekulieren, aber gleichzeitig auf die Coins zugreifen.
VirWox Bitcoin Purchase Process Proof And Received In Coinbase Bitcoin Wallet
The bitcoins where received in Coinbase's bitcoin wallet after the manual process that take up to 48 hours to clear. To purchase bitcoin Thru VirWox go directly here: Im showing you two ways in this video to purchase Bitcoins with PayPal. 1st Method: VirWoX http://cur.lv/22oj8 - Go to the VirWoX site and register -Leave Av... trusted websites to buy bitcoins using paypal & credit card #paypal #virwox #credit_card #bitcoins - Duration: 23:56. how to make money online 270 views. 23:56. ... trusted websites to buy bitcoins using paypal & credit card #virwox https://www.virwox.com?r=217d9f How to Buy Bitcoins with PayPal (Virwox Option) - Duration: 12:40. Meshach Koech 948 views. 12:40. VirWOX Calculator - Duration: 2:03. Multi Graphics 1,432 views. 2:03. Don't use Coinbase, use ...